Leading Your Business Through the Great Economic Power Shift
Crown Business, Hardcover, 9780307889126, 324pp.
Publication Date: February 26, 2013
The world’s economic center of gravity has shifted. Permanently. Do you know what it now takes to succeed?
The global tilt is nothing less than an irreversible shift of economic power—jobs, wealth, and market opportunities—from a small part of the world to its entirety. It is improving the lives of millions of people around the world, and while it is creating immense opportunities, it is disrupting the world as you know it with dizzying speed.
If you’re an American or European, any assumptions you may have about national and managerial superiority are obsolete. Businesses in China, Singapore, India, Brazil, Malaysia, and other countries on the move have ready access to the capital and expertise they need to grow. Their leaders have just as much knowledge, talent, and drive as you do. And they are unleashing their entrepreneurial verve to scale up fast and grab once-in-a-lifetime opportunities.
These businesses will soon be competing with yours everywhere on the planet, even if you’re not aware of them yet. Finding opportunities of your own requires you to consider vastly different perspectives and to see the new global landscape in its entirety and then change the content of your work to pursue them.
In Global Tilt, New York Times bestselling author Ram Charan gives business leaders the guidance they need to succeed in a tilted world, including:
- Gaining an edge by cutting through the complexity of demographics, different forms of government, and even the global financial system, to identify “unstoppable trends” better and sooner than others
- Challenging your reliance on core competence and the incremental improvement that results. Instead, look “outside-in” and “future-back,” determine the capabilities you need to build, and muster the psychological fortitude to make occasional strategic bets that can potentially alter the competitive landscape
- Developing the soft skills crucial to leading a global organization, including mastering local contexts
- Equipping the organization to win by facing up to painful but necessary shifts in people assignments, decision-making authority, and resource allocation—even before making structural changes
Those who can pursue the opportunities in a tilted world have a remarkably bright future. Ram Charan’s unparalleled experience with global leaders and companies and the unique and powerful insights he brings to this book will light the way for you and your exciting journey.
Larry Bossidy is chairman and former CEO of Honeywell International, a Fortune 100 diversified technology and manufacturing leader. Earlier in his career he was chairman and CEO of AlliedSignal, chief operating officer of General Electric Credit (now GE Capital Corporation), executive vice president and president of GE's Services and Materials Sector, and vice chairman of GE.
Ram Charan is a highly sought advisor to CEOs and senior executives in companies ranging from start-ups to the Fortune 500, including GE, DuPont, EDS, and Colgate-Palmolive. He is the author of What the CEO Wants You to Know and Boards That Work and the coauthor of Every Business Is a Growth Business. Dr. Charan has taught at both the Harvard Business School and the Kellogg School of Northwestern University.
Charles Burck is a writer and editor who collaborated with Larry Bossidy and Ram Charan. Earlier in his career he was an editor at" Fortune" magazine.
"Ram is a gifted visionary who is above all a pragmatist. He knows that the pathway from the possible to reality is not linear, but one of applied imagination and strategic leaps. In Global Tilt, Ram teaches us that unlearning is essential to new learning, with many examples that will both inspire and educate even the most seasoned business leader." - Inge Thulin, Chairman of the Board, President and CEO, 3M Company
“A timely and insightful call to establishment leaders to rethink the world business equation. Charan encourages leaders of the North to strategize and operate with a different and more realistic mind set if they are to counter the thrust of exuberant, ever more affluent and confident leaders of the South. A must read for those seeing a more growth orientated future.” —Larry Bossidy, former Chairman and CEO of Honeywell
“Global Tilt is more than just a crisp and insightful look at the North to South power-shift taking place in the world today. It’s a brilliantly crafted managerial and strategy blueprint for leaders of businesses and organizations that are trying to make sense of this dynamic new landscape. This is Ram and his sharp strategic acumen at his very best. No CEO’s library should be without it.” —Muhtar Kent, Chairman of the Board and Chief Executive Officer of The Coca-Cola Company
Cuts to the core, right from page 1. The first chapter sets the agenda and you are immersed. In his inimitable way, Prof. Ram Charan then proceeds to give us the solutions. An enormously educative must-read for every business leader." —K.V. Kamath, Chairman, Infosys Limited
"Ram Charan has this rare ability to distill meaningful from meaningless and transfer it to others in a quite effective way without destroying confidences." —Jack Welch
"He probably knows more about America than anybody." —Richard Harrington, CEO Thomson Corporation
"He is constantly providing depth to issues, not just answers." —Ivan Seidenberg, former chairman and CEO, Verizon Communications
"He's helped me in business, in government and in the nonprofit." —Gaston Caperton, former governor of West Virginia, president and CEO of The College Board
"Ram is a catalyst in the real sense of that word. Her facilitates things happening ... and is an immense source of energy." —John Reed, former CEO of Citibank
“This is necessary reading for anyone charged with strategic planning or investing in emerging markets; for the rest of us, it’s fascinating information to absorb and a window onto our economic future.” —Publisher's Weekly